About Philippine Airlines
Philippine Airlines is a company based in Manila (Philippines) founded in 1941.. Philippine Airlines has raised $600 million across 2 funding rounds from investors including ANA HOLDINGS.
- Headquarter Manila, Philippines
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$600 M (USD)
in 2 rounds
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Latest Funding Round
$505 M (USD), Unspecified
Nov 01, 2021
- Investors
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Employee Count
Employee Count
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Leadership Team
11 people
Software Development Team
9 people
Manager Team
8 people
Sales and Marketing
4 people
Finance and Accounting
2 people
Senior Team
2 people
Human Resources and Administration
2 people
Product Management Team
2 people
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Funding Insights of Philippine Airlines
Philippine Airlines has successfully raised a total of $600M across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $505 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Unspecified — $505.0M
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First Round
First Round
(29 Jan 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Unspecified - Philippine Airlines | Valuation |
investors |
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| Jan, 2019 | Amount | Unspecified - Philippine Airlines | Valuation | ANA HOLDINGS |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Philippine Airlines
Philippine Airlines has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include ANA HOLDINGS. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Passenger airline tickets and reservations are operated internationally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Philippine Airlines
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Philippine Airlines
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Philippine Airlines Comparisons
Competitors of Philippine Airlines
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Philippine Airlines
Frequently Asked Questions about Philippine Airlines
When was Philippine Airlines founded?
Philippine Airlines was founded in 1941 and raised its 1st funding round 78 years after it was founded.
Where is Philippine Airlines located?
Philippine Airlines is headquartered in Manila, Philippines.
Who is the current CEO of Philippine Airlines?
Lucio Tan is the current CEO of Philippine Airlines.
Is Philippine Airlines a funded company?
Philippine Airlines is a funded company, having raised a total of $600M across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $95M, raised on Jan 29, 2019.
What does Philippine Airlines do?
Philippine Airlines was founded in 1941 and is headquartered in Pasay, near Manila, Philippines. As the national flag carrier, operations are centered at Ninoy Aquino International Airport, serving as the primary hub. Scheduled passenger transportation services are delivered through a fleet of Airbus and Boeing aircraft. A subsidiary, PAL Express, supports regional operations within the aviation sector.
Who are Philippine Airlines's investors?
Philippine Airlines has 1 investor. Key investors include ANA HOLDINGS.